Iron Ore
WPG Resources sees extra role for new $50m Port Pirie facility
WPG Resources suggests its Hawks Nest mines in the Woomera Prohibited Area could be included in its plans to export iron ore through Port Pirie.
Rail operators stocking up for iron ore haulage
The iron ore boom has contributed to the $250m worth of rail freight orders for UGL, the rolling stock and infrastructure provider said on Monday.
Atlas strengthens iron ore exports to 6mtpa rate
A new mine has given Atlas Iron the muscle to reach its iron ore export expansion target two months ahead of schedule.
Centrex-WISCO JV clears way for new SA iron ore mines
Minister for Mineral Resources Development Paul Holloway has witnessed the signing of a South Australian-China joint venture deal that aims to develop two new iron ore mines on Eyre Peninsula.
Rio Tinto approves funding for iron ore expansion
Rio Tinto announced, on July 14th, US$200 million funding to prepare for the expansion of its iron ore operations in Western Australia.
Competition Tribunal verdict on rail line access in WA
Rio Tinto has won a long struggle to restrict rivals from using its main railway to haul iron ore, but BHP Billiton may appeal after it was ordered to open up its own line.
Hancock gets green light for $7.2bn iron ore rail link
The unlisted company owned by Australia’s wealthiest woman, Hancock Prospecting, has been given the green light to develop a rail line connecting its Roy Hill iron ore project to Port Hedland in Western Australia.
WA stocks deliver 400 per cent growth in last decade
The Deloitte WA Index, which tracks the market capitalisation of Western Australian listed companies has grown by 418 per cent over the last decade to April 30th, 2010.
Iron ore spot price tipped to increase in coming months
The spot price for iron ore over the next three months is forecast to increase by 23 per cent over the previous quarter to US$148/t (FOB, 62 per cent Fe), according to equity research company Resource Capital Research (RCR).
Mineral Resources signs rail haulage agreement
Mineral Resources Limited (MRL) has signed an agreement for the provision of rail haulage for its Carina Yilgarn iron ore project in Western Australia with QR Freight.
New iron ore discovery on SA-NSW border
A new magnetite iron deposit more than 40 kilometres in length and drill proven to be up to 124 metres thick, has been discovered by a joint venture group.
Signing of US$1.2 billion Karara loan facility
Gindalbie Metals applauded China’s support for emerging Australian resource projects following the formal signing of key loan documentation for a US$1.2 billion project loan facility.
Energy & minerals prices to dip in second half: ABARE
World prices for many energy and minerals commodities in the second half of 2010 are forecast to average lower than the first half of the year, according to the Australian Bureau of Agricultural & Resource Economics (ABARE).
New State agreements with iron ore majors
After twelve months of discussions the WA Government has reached an historic new agreement with BHP Billiton and Rio Tinto about iron ore royalties for fines and the development of the Pilbara iron ore industry.
Investment in iron ore washing gathers pace in India
Two of the largest steel producers in India have recently purchased new iron ore washing plants from CDE Global through their sister company CDE Asia with headquarters in Kolkata, India.
Karara contracts and orders approach $1 billion
Gindalbie Metals has announced the Karara Iron Ore Project will reach a key milestone in coming months with the value of service contracts and orders expected to reach a total of $1 billion.
Tax attack: Fortescue ices $17.6 billion of new projects
Shares in Fortescue Metals Group dipped on the back of the Pilbara miner's decision to put two of its three expansion projects on hold in response to the Federal Government's new mining tax.
FIRB approval for Beyondie iron ore project joint venture
Emergent Resources has advised that the Foreign Investment Review Board (FIRB) has approved its A$200 million joint venture with Chinese state owned Beijing China Metallurgical Investment Company (CMIC).
Resources tax will hurt the very people it’s meant to help: iron ore chief
Atlas Iron managing director David Flanagan has warned that the Prime Minister’s tax plan would have inflict significant pain on the working families he claimed it was designed to help.
Iron ore industry comments on tax proposals
Australia's iron ore industry, on April 30th, expressed concern over the potential imposition of a Federal resources rent tax on the industry, in addition to the existing long standing State-based royalty scheme.
